Mr. Jack Stoch reports
BRUNSWICK REPORTS MORE LITHIUM INTERSECTIONS ON GLOBEX ROYALTY PROPERTY
Brunswick Exploration Inc. has released additional wide and multiple Li2O (lithium oxide) intersections on the Globex Lac Escale (Mirage) royalty property in the James Bay area of Quebec.
On Jan. 24, 2023, Globex Mining Enterprises Inc. announced the sale of the property to Brunswick while maintaining a 3-per-cent gross metal royalty, 1 per cent of which may be purchased for an additional $1-million. In addition, upon the fifth anniversary of the agreement or following total expenditures of $4-million, whichever comes first, Brunswick will commence to pay Globex an annual $100,000 advance royalty payment.
Today, Brunswick announced 10 additional drill holes. Of particular interest are three drill holes collared at the same location but at successively steeper dip angles.
Other holes at various areas of the property intersected multiple single or multiple intersections of Li2O mineralization. Shareholders are directed to the Brunswick press release to view all the drill results.
This press release was written by Jack Stoch, Geo, president and chief executive officer of Globex in his capacity as a qualified person under National Instrument 43-101.
We seek Safe Harbor.
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